Solution Brief: Increasing Loan Acceptance Rates While Automatically Detecting Fraudulent Applications


The convenience and fast turnaround times associated with online lending are not only attractive to customers, but also to fraudsters. As fraudsters seek to monetize stolen and synthetic identity credentials by applying for personal loans, car loans, mortgages and more, many lenders are ill-equipped to accurately verify that the credentials provided on a loan application are not only valid, but that they also belong to a real person. Download the solution brief to learn how Simility Adaptive Decisioning Platform can help lenders detect new account application fraud and uncover the use of stolen and synthetic identities in real time.  

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